KSB soars on launching ‘AQUA Series Pumps’
KSB is currently trading at Rs. 1354.50, up by 33.85 points or 2.56% from its previous closing of Rs. 1320.65 on the BSE.
The scrip opened at Rs. 1333.50 and has touched a high and low of Rs. 1370.00 and Rs. 1333.50 respectively. So far 4192 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1415.10 on 21-Apr-2022 and a 52 week low of Rs. 907.55 on 19-May-2021.
Last one week high and low of the scrip stood at Rs. 1370.00 and Rs. 1183.65 respectively. The current market cap of the company is Rs. 4714.72 crore.
The promoters holding in the company stood at 66.69%, while Institutions and Non-Institutions held 13.42% and 19.89% respectively.
KSB has launched ‘AQUA Series Pumps’ on May 16, 2022. Aqua series available in range of 0.5 HP- 1.5 H, with flow rates upto 4,400 LPH and heads up to 66 meters, along with high operating efficiency. The product will cater domestic market subject to completion of necessary formalities.
KSB is one of the world’s leading manufacturers of pumps and industrial valves. It is the brand with the greatest technical expertise in pumps and valves.